The dominance of buying transactions continues in Bitcoin (BTC), which has been priced above 30 thousand dollars for about a week.
BTC, which has clearly tested under $ 30,000 only once in the last week, has turned its course upwards by coming to $ 29,550. The BTC investor, who persistently protected $ 30,000, showed himself on June 26. BTC, which came to $ 29,930 twice, rose quickly to $ 30,500 with the support of buyers. This shows that the demand for BTC has increased when it falls below $30,000. The fact that 30,000 dollars, which is the main criterion for the continuation of the rise, is holding so much, has increased the bullish opinions of the investors.
Bitcoin (BTC) Chart Analysis
As of the writing of the news, BTC, which was traded at $ 30,330, could not hold above $ 31,000 yet. BTC, which is the keystone for the upside continuation of the crypto ecosystem, needs to stay above $31,000 and test $32,400. In the scenario where $32,400 is accepted as support, bullish signals for BTC will become even stronger.
The loss of influence of ETF news or negative news on the basis of the sector may lead to an increase in sales-oriented transactions in investors. In this scenario, critical support levels for BTC are 29,946 – 29.250 – 28.184 – 27.250 – 26,818 – 26,233 dollars respectively. Finally, the failure of $ 25,250 to hold may pave the way for a decline to $ 20,000.
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